STOCK TITAN

Expeditors (EXPD) CIO exercises RSUs; 619 common shares now held

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EXPEDITORS INTERNATIONAL OF WASHINGTON INC Senior VP and CIO Courtney A. Hawkins reported compensation-related share activity tied to vesting equity awards. On May 6, 2026, 825 shares of common stock were acquired through exercises of restricted stock units and related dividend equivalent rights. Of these, 206 shares at $153.08 per share were withheld to satisfy tax obligations, a non-market disposition method, leaving 619 common shares held directly after the transactions. Hawkins continues to hold 1,632 restricted stock units and 19.894 dividend equivalent rights, each representing the economic equivalent of one common share, which also vested on May 6, 2026.

Positive

  • None.

Negative

  • None.
Insider Hawkins Courtney A
Role Senior VP - CIO
Type Security Shares Price Value
Exercise Restricted Stock Units - 2025 RSUs 816 $0.00 --
Exercise Dividend Equivalent Rights - 2025 RSUs 9 $0.00 --
Exercise Common Stock 816 $0.00 --
Exercise Common Stock 9 $0.00 --
Tax Withholding Common Stock 206 $153.08 $32K
Holdings After Transaction: Restricted Stock Units - 2025 RSUs — 1,632 shares (Direct, null); Dividend Equivalent Rights - 2025 RSUs — 19.894 shares (Direct, null); Common Stock — 816 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 206 shares at $153.08 Tax-withholding disposition on May 6, 2026
Shares acquired via exercises 825 shares Common stock from RSUs and dividend equivalents on May 6, 2026
Direct common shares after transactions 619 shares Direct ownership following Form 4 transactions
Restricted Stock Units outstanding 1,632 RSUs RSUs labeled 2025 RSUs remaining after reported activity
Dividend equivalent rights outstanding 19.894 rights Dividend Equivalent Rights - 2025 RSUs after transactions
Transaction date May 6, 2026 Date of all Form 4 reported transactions
Restricted Stock Units - 2025 RSUs financial
"security_title: Restricted Stock Units - 2025 RSUs"
Dividend Equivalent Rights - 2025 RSUs financial
"security_title: Dividend Equivalent Rights - 2025 RSUs"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hawkins Courtney A

(Last)(First)(Middle)
3545 FACTORIA BLVD SE
STERLING PLAZA 2, 3RD FLOOR

(Street)
BELLEVUE WASHINGTON 98006

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EXPEDITORS INTERNATIONAL OF WASHINGTON INC [ EXPD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior VP - CIO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026M816A$0816D
Common Stock05/06/2026M9A$0825D
Common Stock05/06/2026F206D$153.08619D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units - 2025 RSUs$005/06/2026M816 (1) (1)Common Stock816$01,632D
Dividend Equivalent Rights - 2025 RSUs$005/06/2026M9 (1) (1)Common Stock9$019.894D
Explanation of Responses:
1. Each RSU and DER represent a contingent right to receive the economic equivalent of one common shares of the issuer. The RSUs and DERs vested on May 6, 2026.
Diane Heffner, Stock Plan Administrator, attorney-in-fact05/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did EXPD executive Courtney A. Hawkins report on this Form 4?

Courtney A. Hawkins, Senior VP and CIO of Expeditors (EXPD), reported equity-compensation activity. RSUs and dividend equivalent rights vested into 825 common shares, with 206 shares withheld for taxes and 619 shares remaining directly owned after the transactions.

How many Expeditors (EXPD) shares were withheld for taxes for Hawkins?

Hawkins had 206 common shares withheld at $153.08 per share to cover tax obligations. This tax-withholding disposition is not an open-market sale but a standard method to satisfy tax liabilities on vested equity awards.

How many Expeditors (EXPD) shares did Hawkins acquire through equity vesting?

Through exercises of vested awards, Hawkins acquired 825 shares of Expeditors common stock. These came from 816 restricted stock units and 9 dividend equivalent rights, each representing the economic equivalent of one common share of the issuer.

What is Hawkins’ direct Expeditors (EXPD) share ownership after these transactions?

After the reported transactions, Hawkins directly owns 619 shares of Expeditors common stock. This reflects 825 shares received from vested awards, reduced by 206 shares withheld to satisfy associated tax liabilities on the vesting event.

What Expeditors (EXPD) equity awards does Hawkins still hold after vesting?

Hawkins continues to hold 1,632 restricted stock units and 19.894 dividend equivalent rights. Each RSU and dividend equivalent right represents a contingent right to receive the economic equivalent of one Expeditors common share, according to the filing footnote.

Were Hawkins’ Expeditors (EXPD) transactions open-market buys or sales?

The Form 4 shows derivative exercises and tax withholding, not open-market trades. Code M entries reflect exercises of equity awards, while the F-coded transaction represents shares withheld to pay taxes on vesting, rather than discretionary market purchases or sales.